A Crypto-Trading Hamster Performs Better Than Warren Buffett and the S&P 500

Why is NPR posting such silliness, and why is it being reposted here? Crypto is volatile, so yes, over short periods of time it will outperform the S&P 500. Investing in stocks gives you part ownership of businesses. Maybe the current price offered is too high, but there's definitely something there. The value of crypto is nebulous.

"But what we can tell you is his portfolio is up nearly 20% since he started trading in June, according to his Twitter account. And as of Sept. 12, Mr. Goxx was performing better than Bitcoin, the Nasdaq 100, Warren Buffett's Berkshire Hathaway and the S&P 500."

Personally, I think BTC is more appropriately priced than TSLA

This article totally misses the point of investing in S&P 500. Hamster started trading in June. I'm sure there are hedge fund managers who can beat S&P500 in the short term. The point of S&P500 is a long term, relatively safe/cheap investment with returns of about 10%.

Hopefully, NPR does an update in a year and so on.

everyone is an asset picking genius in a bull market. Buffet is an old school investor wary of the froth in the market.